Head to the BCE Nail
Posted on April 18, 2007
Filed Under Business |
Mark Evans - Still Don’t Get BCE LBO .
Mark nails his analysis of BCE, and is exactly why I have tended to avoid the behemoth telcom/media company. Too bad all those mutual funds with huge percentages of BCE (fyi 4% of a mutual fund in one company is huge) will have to put that money elsewhere. I will look for the financials to sore as the funds look for stable dividend growth to replace BCE’s contributions… too bad it will cause yet another inflated market because of circumstance (i.e., Jimmy’s budget and income trust changes) and not fundamentals.
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